Indo-Bangla Pharmaceuticals Limited announcements
129 Dhaka Stock Exchange announcements for Indo-Bangla Pharmaceuticals Limited (IBP) since 2018: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (26).
- Emerging Credit Rating Limited (ECRL) has assigned initial credit rating of the Company as \"BBB\" in the long term and
Emerging Credit Rating Limited (ECRL) has assigned initial credit rating of the Company as \"BBB\" in the long term and \"ST-3\" in the short term along with a Stable outlook based on audited financial statements up to June 30, 2021; nine months unaudited financial statements and other relevant quantitative as well as qualitative information up to the date of rating.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.17 for July-September, 2022 as against Tk. 0.33 for July-September, 2021. NOCFPS was Tk. 0.02 for July-September, 2022 as against Tk. 0.41 for July-September, 2021. NAV per share was Tk. 14.16 as on September 30, 2022 and Tk. 13.98 as on June 30, 2022.
- Resumption after record date
Trading of the shares of the Company will resume on 29.11.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 28.11.2022.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on November 30, 2022 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended September 30, 2022.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 24.11.2022 to 27.11.2022. Trading of the shares of the Company will remain suspended on record date i.e., 28.11.2022.
- The Board of Directors has recommended 1\% cash dividend for the year ended June 30, 2022. Date of AGM: 22.12.2022, Time
The Board of Directors has recommended 1\% cash dividend for the year ended June 30, 2022. Date of AGM: 22.12.2022, Time: 11:00 AM, Venue: Digital Platform. Record date: 28.11.2022. The Company has also reported EPS of Tk. 0.22, NAV per share of Tk. 13.98 and NOCFPS of Tk. 0.79 for the year ended June 30, 2022 as against Tk. 1.18, Tk. 14.29 and Tk. 1.30 respectively for the same period of the previous year. (cont.)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (08.11.2022) following its corporate declaration. However, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, the floor price shall be applicable accordingly.
- Dividend Declaration
(Continuation news of IBP): Reasons for significant deviation in EPS: EPS has decreased mainly as turnover has dropped by 38.04% in comparison to previous year. Turnover during the year has decreased due to discontinuation of 9 listed products and changing marketing policy of the Company. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 19(1)
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on November 07, 2022 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- Decision to sell land
The Company has informed that the Board of Directors of the Company has decided to sell 1.595 acres of land (Book Value BDT 20,00,000.00) at Charadi, Ranirhat, Bakergonj, Barishal amounting BDT 27,00,000.00. The proceeds of sale will be utilized to purchase of land situated at Fulbaria, Kaliakoir, Gazipur for future expansion of the business.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended on June 30, 2021 to the respective shareholders' BO Accounts on July 06, 2022.
- Resumption after record date
Trading of the shares of the company will resume on 14.06.2022 after record date.
- Suspension for Record date
Trading of the shares of the company will remain suspended on record date i.e., 13.06.2022.
- Spot for entitlement of 3% Stock Dividend
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 09.06.2022 to 12.06.2022 and trading of the shares will remain suspended on record date i.e, 13.06.2022.
- Consent from BSEC and Record date for entitlement of 3% Stock Dividend
The Company has further informed that BSEC has accorded consent for issuance of 3% Stock Dividend for the year ended June 30, 2021. The Company has also informed that the Board of Directors has fixed the Record date on 13.06.2022 for entitlement of the aforesaid Bonus Shares.
- Purchase of Land
The Company has informed that they have purchased and executed a register deed for the purchase of land measuring 2.01 Acres (200.50 Decimal) at the cost of Tk. 26,540,000.00 (including of registration fee, Local Govt. Fee and other relevant cost) situated at Fulbaria, Kaliakoir, Gazipur. The purpose of the land is for future expansion of the business.
- Sale and Buy Confirmations
Mr. Md. Bellal Khan, one of the Sponsors of the Company, has further informed that he has completed his sale of 34,48,306 shares whereas Mr. A.F.M Anowarul Huq (Managing Director), one of the Sponsor Directors of the company has further informed that he has completed his buying of 34,48,306 shares of the company through Dhaka Stock Exchange as per declaration disseminated on 19.05.2022.
- Sale and Buy Declarations
Referring to the BSEC letter dated May 18, 2022, Mr. Md. Bellal Khan, one of the Sponsors of the Company, has expressed his intention to sell 34,48,306 shares (in the Block Market) whereas Mr. A.F.M Anowarul Huq (Managing Director), one of the Sponsor Directors of the company has expressed his intention to buy 34,48,306 shares (in the Block Market) through Dhaka Stock Exchange within May 25, 2022.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.12 for January-March 2022 as against Tk. 0.12 for January-March 2021; EPS was Tk. 0.63 for July 2021-March 2022 as against Tk. 0.79 for July 2020-March 2021. NOCFPS was Tk. 0.57 for July 2021-March 2022 as against Tk. 0.84 for July 2020-March 2021. NAV per share was Tk. 14.70 as on March 31, 2022 and Tk. 14.29 as on June 30, 2021.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 27, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
- Buy Declaration of a Sponsor Director
Mr. A.F.M Anowarul Huq (Managing Director), one of the Sponsor Directors of the company, has expressed his intention to buy 34,48,306 shares of the Company at prevailing market price (in the Block Market) through Dhaka Stock Exchange within next 30 working days, as per Rule-4 of the BSEC (Substantial Acquisition of Shares and Takeovers), Rules, 2018.
- Sale Confirmation of a Sponsor
Mr. Md. Amin-Ur-Rashid one of the Sponsors of the company, has further informed that he has completed his sale of holdings 30,75,794 shares of the company at prevailing market price through Dhaka Stock Exchange as per declaration disseminated on 28.12.2021.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.18 for October-December 2021 as against Tk. 0.33 for October-December 2020; EPS was Tk. 0.51 for July-December 2021 as against Tk. 0.66 for July-December 2020. NOCFPS was Tk. 0.41 for July-December 2021 as against Tk. 0.68 for July-December 2020. NAV per share was Tk. 14.58 as on December 31, 2021 and Tk. 14.29 as on June 30, 2021.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on January 30, 2022 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.